SVB Startup Banking (First Citizens Innovation Banking)

Startup banking for technology and life-science companies from First Citizens Innovation Banking, formerly Silicon Valley Bank: checking, a startup money market account, insured cash sweep and a rewards card.

Silicon Valley BankUpdated monthly · checked 19 h ago

SVB Startup Banking (First Citizens Innovation Banking) is a banking and fintech perk from Silicon Valley Bank, offering up to 250,000 reward points, for VC- or accelerator-backed startups in the US, the UK, Europe and 3 other regions.

Value: Up to 250,000 points
Who qualifies: VC / accelerator-backed
Benefit type: Free plan
Terms: Stated by provider

Apply at Silicon Valley Bank

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While you apply

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Applying to Silicon Valley Bank takes a few minutes.

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What you get

Inside SVB Startup Banking (First Citizens Innovation Banking)

Silicon Valley Bank now operates as First Citizens Innovation Banking, a division of First Citizens Bank, with a startup banking team for technology and life science companies: Essentials Checking (no monthly maintenance fee with qualifying monthly balances, and free checking for up to three years from account opening on included services), a Startup Money Market Account paying up to 3.56% APY on deposits over $1M (2.63% on balances from $50,000.01 to $1M, as of September 30, 2026), Insured Cash Sweep for multimillion-dollar FDIC coverage, and 250,000 Innovator Card points for $60,000 of spend in the first 90 days (offer ends December 31, 2026).

Source: The provider's official program page (svb.com/startup-banking) · as of Nov 14, 2026

Eligibility

Who it's for

Pre-seed to Series B+Tech & life science VC-backed Global support

Funding / backing: VC / accelerator-backed
Startup stage: Pre-seed, Seed, Series A, Series B+
Geography: United States, United Kingdom, Europe, Israel, India, Asia-Pacific
Deadline: Apply by December 31, 2026
Other requirements: Aimed at technology and life-science/healthcare startups; SVB provides banking, not direct funding.

How to claim

How to apply for SVB Startup Banking (First Citizens Innovation Banking)

What to have ready

Confirmation of your accelerator / investor backing (a referral or partner code)

Steps to apply

1Open an account or contact the startup banking team at svb.com/startup-banking.

Good to know: SVB says it will rebrand to First Citizens Innovation Banking in Q4 2026.

Apply at Silicon Valley Bank

Source: The provider's official program page (svb.com/startup-banking) · as of Nov 14, 2026

Confirmed on November 14, 2026: the page still states “Up to 250,000 reward points”

Value is the headline maximum Silicon Valley Bank advertises. What your company actually receives depends on your eligibility and how you use the program, and terms can change. A comparison, not endorsed by the programs listed. A program labeled Same owner comes from the company that runs StartupPerks. Confirm current terms on the provider's page.

If you don't qualify

Compare other banking & fintech programs

SVB Startup Banking (First Citizens Innovation Banking) has eligibility restrictions. These alternatives have no accelerator or investor requirement. Check each provider’s current terms and availability.

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Questions

SVB Startup Banking (First Citizens Innovation Banking): common questions

What do you get with SVB Startup Banking (First Citizens Innovation Banking)?

SVB Startup Banking (First Citizens Innovation Banking) offers up to 250,000 reward points.

Who qualifies for SVB Startup Banking (First Citizens Innovation Banking)?

SVB Startup Banking (First Citizens Innovation Banking) is for VC- or accelerator-backed pre-seed, seed, Series A and Series B+ startups in the US, the UK, Europe and 3 other regions. Aimed at technology and life-science/healthcare startups; SVB provides banking, not direct funding.

Do I need to be VC-backed or in an accelerator to get SVB Startup Banking (First Citizens Innovation Banking)?

Yes. SVB Startup Banking (First Citizens Innovation Banking) requires venture or accelerator backing; the higher tiers are unlocked through your investor or accelerator. Aimed at technology and life-science/healthcare startups; SVB provides banking, not direct funding.

How do I apply for SVB Startup Banking (First Citizens Innovation Banking)?

Open an account or contact the startup banking team at svb.com/startup-banking.

How long do I have to use SVB Startup Banking (First Citizens Innovation Banking), and does it expire?

Ongoing; the card points offer ends December 31, 2026.

Is SVB Startup Banking (First Citizens Innovation Banking) available outside the US?

SVB Startup Banking (First Citizens Innovation Banking) is available in the US, the UK, Europe and 3 other regions.

Has SVB Startup Banking (First Citizens Innovation Banking) changed its terms?

Not in our reads. We have read Silicon Valley Bank's page for it 2 times since September 7, 2026, most recently on October 5, 2026. None of them found a different figure or a change in whether it takes applications.

Terms history

SVB Startup Banking (First Citizens Innovation Banking)'s terms over time

We have read Silicon Valley Bank's page for it (svb.com/startup-banking) twice since September 7, 2026, most recently on October 5, 2026. No read has found a different figure or a change in whether it takes applications.

Every startup program change we found this quarter